The number 1 question I see being asked on YouTube in the last week is “has Bitcoin bottomed?”. So in this short Easter Monday edition of The Cryptoverse I’m going to share an updated answer to this question from my humble point of view. We’ll do the technical analysis in a minute, first let’s do some fundamental analysis.
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I just saw the yt vid untill the end but this yt also have just dissapeared deleted rigth now?!?!, at least it is no more available :o ... would you please upload to dtube perhaps ... Thanks CC for TA's ...
The youtube vid is back online! Thanks ...
CC,
I believe you have a dedication to the crypto space that many claiming to have should learn from. It's why I support you and I do believe that other viewers should also be supporting you. Your valuable knowledge, insight, and informational alerts keep me well informed and connected with what's happening in crypto
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I still get confused when resistance lines are broken or about to be broken and discussion turns to pull back. I generically understand that after a sudden growth, there will be some profit taking, but if a resistance line turns into support, is it only a Fibonacci retracement that identifies a pullback to $4,700? I mean this as semi-rhetorical as I assume the real answer includes consideration of multiple other factors like 50 and 200 day EMA, volume etc. I'm still working the course and always feel like I understand when you say it, but then the show ends and my brain chooses to join it.
Excellent look at the charts! Thanks!
Thanx for the insights. What is the corellation between the accumulation and bitcoin price and volume? There seems to be a contradiction. Its more like a recommendation to accumulate or is it meant as a description?
Just joined you as patreon. You make some great content so its about time i support you with little i can. I saw you selling your car so i though i should be more supportive since i gained so much from your content. Keep the great work!
The fundamentals continue to improve and I think it will drive price as volumes improve as well. It may be quite volatile as TA traders try to step in to move the markets.
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Thanks for sharing, your approach on trading crypto at very crucial time in trading cycle.
A shame to see sell your car, hope you earn the financil reward in the future, within crypto sphere.
Chris it was just a car as you said. In your place there is a Renault Twizy good enough to take you from A to B and whenever you want to enjoy driving you can rent a nice car as you did en Las Vegas!!
Keep on with the great work!!!
Excellent analysis, as always. That's what we keep coming back for. But why don't you show up on my DTube feed anymore? And I noticed this video was gone and reposted later. Are things going on behind the scenes we don't know about?